HRH Prince Alwaleed Bin Talal Alsaud, founder and chairman of Saudi’s Kingdom Holding Company, tops the third annual list of the world’s 100 most powerful Arabs, published by Gulf Business magazine.
With an estimated personal wealth of over $31.2 billion – a figure contested by Forbes magazine, the Prince remains the world’s richest Arab, as well as the most powerful.
This year’s list saw 21 new entrants, with two of the new entries featuring within the top 10 – UAE minister of state and MD of Dubai World Expo 2020 Reem Al Hashimy and Saudi female driver Aziza Al Yousef. Women accounted for 20 entries on the list this year.
(READ THE FULL LIST HERE: The World’s 100 Most Powerful Arabs 2014)
Sector-wise, Arabs in finance made up 26 per cent of the Top 100, followed by 18 per cent from industry and 11 per cent from culture and society.
Similar to 2013, most of the entrants on the list reside in Saudi Arabia, with the Kingdom accounting for 28 per cent of world’s most powerful Arabs. The UAE came second with 21 per cent of the entries, and Qatar rounded off the top three countries, with 14 per cent of the world’s influential Arabs residing in the tiny state.
With the UAE winning the rights to hold Expo 2020 in Dubai and Qatar gearing up to host the 2022 FIFA World Cup, the region’s plans for the future look promising. The Gulf Business Power 100 is a list of the people who bear the responsibility and have the authority to make this future happen.
READ THE FULL LIST HERE: The World’s 100 Most Powerful Arabs 2014
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REVEALED: World’s Most Powerful Arabs In Energy
REVEALED: World’s Most Powerful Arabs In Culture And Society
REVEALED: World’s Most Powerful Arab Women
REVEALED: The UAE’s Most Powerful Arabs